Details about Otto Toivanen

Access statistics for papers by Otto Toivanen.

Last updated 2024-10-09. Update your information in the RePEc Author Service.

Short-id: pto106

Working Papers

2023

1. 2022 Klein lecture parental education and invention: the finnish enigma
   Post-Print, HAL
   Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2023) View citations (5)
   See also Journal Article 2022 KLEIN LECTURE PARENTAL EDUCATION AND INVENTION: THE FINNISH ENIGMA, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2023) View citations (5) (2023)
2. Death and Turmoil in R&D Teams
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
3. Parental Education and Invention: The Finnish Enigma
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023) View citations (3)
4. The Effects of Price Regulation on Pharmaceutical Expenditure and Availability
   Working Papers, VATT Institute for Economic Research
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)

2022

5. A Year Older, A Year Wiser (and Farther from Frontier): Invention Rents and Human Capital Depreciation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   See also Journal Article A Year Older, A Year Wiser (and Farther from Frontier): Invention Rents and Human Capital Depreciation, The Review of Economics and Statistics, MIT Press (2024) View citations (2) (2024)
6. From conference submission to publication and citations: Evidence from the EARIE conference
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article From conference submission to publication and citations: Evidence from the EARIE conference, International Journal of Industrial Organization, Elsevier (2022) (2022)
7. Inequality and Creative Destruction
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
8. Welfare effects of R&D support policies
   Bank of Finland Research Discussion Papers, Bank of Finland
   Also in Bank of Finland Research Discussion Papers, Bank of Finland (2017) View citations (2)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (11)

2021

9. International student exchange and academic performance
   Working Papers of Department of Management, Strategy and Innovation, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven
   Also in Working Papers of ECOOM - Centre for Research and Development Monitoring, KU Leuven, Faculty of Economics and Business (FEB), ECOOM - Centre for Research and Development Monitoring (2021)
   ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2021) View citations (2)

2018

10. Design of public procurement auctions: Evidence from cleaning contracts
    Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven
    Also in Working Papers of Department of Management, Strategy and Innovation, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven (2015) View citations (7)
    Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven (2015)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016)
    See also Journal Article Design of public procurement auctions: evidence from cleaning contracts, RAND Journal of Economics, RAND Corporation (2018) View citations (13) (2018)
11. On the Returns to Invention within Firms: Evidence from Finland
    Post-Print, HAL View citations (20)
    Also in PSE-Ecole d'économie de Paris (Postprint), HAL (2018) View citations (24)
    See also Journal Article On the Returns to Invention within Firms: Evidence from Finland, AEA Papers and Proceedings, American Economic Association (2018) View citations (23) (2018)

2017

12. The Social Origins of Inventors
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (36)
    Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2017) View citations (36)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (32)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (36)

2016

13. Public Employees as Politicians: Evidence from Close Elections
    Working Papers, VATT Institute for Economic Research View citations (3)
    See also Journal Article Public Employees as Politicians: Evidence from Close Elections, American Political Science Review, Cambridge University Press (2018) View citations (25) (2018)

2015

14. Does Regression Discontinuity Design Work? Evidence from Random Election Outcomes
    Working Papers, VATT Institute for Economic Research View citations (10)

2013

15. Anatomy of Cartel Contracts
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics (2012) View citations (1)
    See also Journal Article An Anatomy of Cartel Contracts, The Economic Journal, Royal Economic Society (2019) View citations (16) (2019)
16. Heritability of Lifetime Income
    MPRA Paper, University Library of Munich, Germany View citations (2)
17. Innovation Policy and Economic Growth
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (4)
18. Market failures and the additionality effects of public support to private R&D: Theory and empirical implications
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (9)
    See also Journal Article Market failures and the additionality effects of public support to private R&D: Theory and empirical implications, International Journal of Industrial Organization, Elsevier (2013) View citations (33) (2013)

2011

19. Education and Invention
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article Education and Invention, The Review of Economics and Statistics, MIT Press (2016) View citations (49) (2016)
20. Retail Chain Expansion: The Early Years of McDonalds in Great Britain
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
21. The return-to-entrepreneurship puzzle
    MPRA Paper, University Library of Munich, Germany View citations (7)
    See also Journal Article The return-to-entrepreneurship puzzle, Labour Economics, Elsevier (2013) View citations (48) (2013)

2010

22. Cartels Uncovered
    Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (1)
    See also Journal Article Cartels Uncovered, American Economic Journal: Microeconomics, American Economic Association (2018) View citations (4) (2018)
23. Returns to Inventors
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich (2010) View citations (4)

2009

24. Innovation Policy, Entrepreneurship, and Development: A Finnish View
    MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) View citations (3)
    Also in WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) (2009) View citations (2)

2008

25. Evaluating innovation policy: a structural treatment effect model of R&D subsidies
    Bank of Finland Research Discussion Papers, Bank of Finland

2006

26. Innovation and research policies: two case studies of R&D subsidies
    EIB Papers, European Investment Bank, Economics Department View citations (1)

2005

27. Demand for Mobile Internet: Evidence from a Real-World Pricing Experiment
    Discussion Papers, The Research Institute of the Finnish Economy View citations (4)
28. SELECTION OR SELF-REJECTION? APPLICATIONS INTO A TREATMENT
    Industrial Organization, University Library of Munich, Germany View citations (5)

2004

29. Choosing Standards
    Discussion Papers, The Research Institute of the Finnish Economy
30. Equilibrium in financial markets with adverse selection
    Finance, University Library of Munich, Germany View citations (4)
    Also in Bank of Finland Research Discussion Papers, Bank of Finland (2003) View citations (1)

2003

31. Do Financial Constraints Hold Back Innovation and Growth? Evidence on the Role of Public Policy
    Discussion Papers, The Research Institute of the Finnish Economy View citations (17)
    See also Journal Article Do financial constraints hold back innovation and growth?: Evidence on the role of public policy, Research Policy, Elsevier (2005) View citations (175) (2005)
32. Fast Food - the early years: Geography and the growth of a chain-store in the UK
    Royal Economic Society Annual Conference 2003, Royal Economic Society
    Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2002) View citations (3)
    Economic Research Papers, University of Warwick - Department of Economics (2002) View citations (3)
33. Learning and Location
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics
34. MARKET STRUCTURE AND ENTRY IN FAST FOOD
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics View citations (1)
    Also in Economic Research Papers, University of Warwick - Department of Economics (2003)

2002

35. Asymmetric Information and the Market Structure of the Venture Capital Industry (Revised)
    Discussion Papers, The Research Institute of the Finnish Economy View citations (1)
36. Intergenerational Effects in the Diffusion of New Technology: Case of Mobile Phones
    Discussion Papers, The Research Institute of the Finnish Economy View citations (1)
    See also Journal Article Intergenerational effects in the diffusion of new technology: the case of mobile phones, International Journal of Industrial Organization, Elsevier (2004) View citations (60) (2004)
37. Misuse and Non-use of Information Acquisition Technologies in Banking
    Discussion Papers, The Research Institute of the Finnish Economy

2001

38. MARKET STRUCTURE AND ENTRY: WHERE’S THE BEEF?
    Economic Research Papers, University of Warwick - Department of Economics View citations (1)
    Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2001) View citations (24)
    See also Journal Article Market Structure and Entry: Where's the Beef?, RAND Journal of Economics, The RAND Corporation (2005) View citations (43) (2005)

2000

39. Monitoring and Market Power in Credit Markets
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society
    See also Journal Article Monitoring and market power in credit markets, International Journal of Industrial Organization, Elsevier (2004) View citations (7) (2004)
40. Monitoring and market power in loan markets
    Bank of Finland Research Discussion Papers, Bank of Finland

1994

41. OLIGOPOLISTIC SERVICES AND COST FUNCTION ESTIMATION
    Economic Research Papers, University of Warwick - Department of Economics

Journal Articles

2024

1. A Year Older, A Year Wiser (and Farther from Frontier): Invention Rents and Human Capital Depreciation
   The Review of Economics and Statistics, 2024, 106, (4), 974-982 View citations (2)
   See also Working Paper A Year Older, A Year Wiser (and Farther from Frontier): Invention Rents and Human Capital Depreciation, NBER Working Papers (2022) View citations (3) (2022)

2023

2. 2022 KLEIN LECTURE PARENTAL EDUCATION AND INVENTION: THE FINNISH ENIGMA
   International Economic Review, 2023, 64, (2), 453-490 View citations (5)
   See also Working Paper 2022 Klein lecture parental education and invention: the finnish enigma, Post-Print (2023) (2023)

2022

3. From conference submission to publication and citations: Evidence from the EARIE conference
   International Journal of Industrial Organization, 2022, 84, (C)
   See also Working Paper From conference submission to publication and citations: Evidence from the EARIE conference, CEPR Discussion Papers (2022) (2022)

2021

4. Ex-post Analysis of the TeliaSonera-Chess 2005 Merger
   De Economist, 2021, 169, (2), 141-178 View citations (1)

2019

5. An Anatomy of Cartel Contracts
   The Economic Journal, 2019, 129, (621), 2155-2191 View citations (16)
   See also Working Paper Anatomy of Cartel Contracts, CEPR Discussion Papers (2013) View citations (2) (2013)
6. Heritability of lifetime earnings
   The Journal of Economic Inequality, 2019, 17, (3), 319-335 View citations (10)

2018

7. Cartels Uncovered
   American Economic Journal: Microeconomics, 2018, 10, (4), 190-222 View citations (4)
   See also Working Paper Cartels Uncovered, Discussion Paper Series in Economics (2010) View citations (2) (2010)
8. Design of public procurement auctions: evidence from cleaning contracts
   RAND Journal of Economics, 2018, 49, (2), 398-426 View citations (13)
   See also Working Paper Design of public procurement auctions: Evidence from cleaning contracts, Working Papers of Department of Economics, Leuven (2018) (2018)
9. On the Returns to Invention within Firms: Evidence from Finland
   AEA Papers and Proceedings, 2018, 108, 208-12 View citations (23)
   See also Working Paper On the Returns to Invention within Firms: Evidence from Finland, Post-Print (2018) View citations (20) (2018)
10. Public Employees as Politicians: Evidence from Close Elections
    American Political Science Review, 2018, 112, (1), 68-81 View citations (25)
    See also Working Paper Public Employees as Politicians: Evidence from Close Elections, Working Papers (2016) View citations (3) (2016)
11. When does regression discontinuity design work? Evidence from random election outcomes
    Quantitative Economics, 2018, 9, (2), 1019-1051 View citations (43)

2016

12. Education and Invention
    The Review of Economics and Statistics, 2016, 98, (2), 382-396 View citations (49)
    See also Working Paper Education and Invention, CEPR Discussion Papers (2011) View citations (6) (2011)

2014

13. Problems in Launching the Mobile Internet: Evidence From a Pricing Experiment
    Journal of Economics & Management Strategy, 2014, 23, (3), 483-506 View citations (1)

2013

14. Estimating the Benefits of Targeted R&D Subsidies
    The Review of Economics and Statistics, 2013, 95, (1), 255-272 View citations (98)
15. Market failures and the additionality effects of public support to private R&D: Theory and empirical implications
    International Journal of Industrial Organization, 2013, 31, (5), 634-642 View citations (33)
    See also Working Paper Market failures and the additionality effects of public support to private R&D: Theory and empirical implications, Bank of Finland Research Discussion Papers (2013) View citations (9) (2013)
16. The return-to-entrepreneurship puzzle
    Labour Economics, 2013, 20, (C), 57-67 View citations (48)
    See also Working Paper The return-to-entrepreneurship puzzle, MPRA Paper (2011) View citations (7) (2011)

2012

17. Entrepreneurship, Financiership, and Selection
    Scandinavian Journal of Economics, 2012, 114, (2), 601-628 View citations (6)

2011

18. Income Inequality and Technology Diffusion: Evidence from Developing Countries
    Scandinavian Journal of Economics, 2011, 113, (2), 364-387 View citations (5)

2010

19. Economics of the R&D Support Process
    Review of Business and Economic Literature, 2010, 55, (3), 335-346

2005

20. Do financial constraints hold back innovation and growth?: Evidence on the role of public policy
    Research Policy, 2005, 34, (9), 1385-1403 View citations (175)
    See also Working Paper Do Financial Constraints Hold Back Innovation and Growth? Evidence on the Role of Public Policy, Discussion Papers (2003) View citations (17) (2003)
21. Market Structure and Entry: Where's the Beef?
    RAND Journal of Economics, 2005, 36, (3), 680-699 View citations (43)
    See also Working Paper MARKET STRUCTURE AND ENTRY: WHERE’S THE BEEF?, Economic Research Papers (2001) View citations (1) (2001)

2004

22. Intergenerational effects in the diffusion of new technology: the case of mobile phones
    International Journal of Industrial Organization, 2004, 22, (8-9), 1137-1154 View citations (60)
    See also Working Paper Intergenerational Effects in the Diffusion of New Technology: Case of Mobile Phones, Discussion Papers (2002) View citations (1) (2002)
23. Monitoring and market power in credit markets
    International Journal of Industrial Organization, 2004, 22, (2), 269-288 View citations (7)
    See also Working Paper Monitoring and Market Power in Credit Markets, Econometric Society World Congress 2000 Contributed Papers (2000) (2000)
24. Vertical Differentiation, Asymmetric Information and Endogenous Bank Screening
    The B.E. Journal of Theoretical Economics, 2004, 4, (1), 20 View citations (2)

2003

25. Asymmetric Information and the Market Structure of the Venture Capital Industry
    Journal of Financial Services Research, 2003, 23, (3), 241-249 View citations (4)

2002

26. Innovation and the Market Value of UK Firms, 1989–1995
    Oxford Bulletin of Economics and Statistics, 2002, 64, (1), 39-61 View citations (47)

2001

27. Is there adverse selection in the credit market?
    Venture Capital, 2001, 3, (3), 215-238 View citations (58)
28. The Impact of Revised Recommended Accounting Practices on R&D Reporting by UK Firms
    International Journal of the Economics of Business, 2001, 8, (1), 123-136 View citations (8)

2000

29. Empirical research on discrete choice game theory models of entry: An illustration
    European Economic Review, 2000, 44, (4-6), 985-992 View citations (27)

1998

30. Dynamics of R&D and investment: UK evidence
    Economics Letters, 1998, 58, (1), 119-126 View citations (8)

1997

31. Economies of scale and scope in the Finnish non-life insurance industry
    Journal of Banking & Finance, 1997, 21, (6), 759-779 View citations (17)
32. The Diffusion Of Multiple Technologies: An Empirical Study
    Economics of Innovation and New Technology, 1997, 5, (1), 1-17 View citations (19)

Chapters

2009

1. Education, Research, and the Economy
   A chapter in The Evaluation of the Finnish National Innovation System, 2009, pp 239-296

2006

2. Technological Diffusion under Uncertainty: A Real Options Model Applied to the Comparative International Diffusion of Robot Technology
   Chapter 16 in New Frontiers in the Economics of Innovation and New Technology, 2006